Up front budget: £2,000,000

Current turn over circa: £4,500,000

Cash offer: Up To 4.2x Recurring

Established since: 1983

Locations: Portsmouth

Additional Notes:
South Coast Based Family Practice, With Principles in the Last Few Acquisitions Receiving in Excess of 4x Recurring Income and a Loss of Only One Client out of Over 300

This buyer has had fantastic success with over 10 previous acquisitions experiencing, on average, 98% retention as a result of a smooth and gradual handover from the Retiring Principle(s), maintaining the office in the interim and most clients experiencing a reduction in overall fees. Retention in the most recent acquisition was over 99% and the principles received a considerable amount over the amount outline at the start of the process (more details on request). This experienced regional acquirer has demonstrable success with countless previous acquisitions and is the ideal, trusted home for someone looking to depart with their life's work.

A premium offer will be available to Practices;
- Located in the Brighton, Eastbourne, Lewes, Chichester, Felpham, Littlehampton, Winchester, Southampton, Petersfield, Midhurst and the Surrounding Area
- Firms with an Ongoing Charge of less than 0.7% (not essential)
- Average client size of over £150,000

For more information please call 01765 698 699 and quote the reference number 176232